Acting responsibly and minimizing risks

Being a high-tech company, we support our customers by providing excellent products and solutions which enable them to be successful on international markets. In this respect, we endeavor to offer a maximum level of quality not only as far as our processes are concerned, but also in our conduct towards our business partners and among ourselves. Business success and responsibility are two objectives which are inseparably linked for Jenoptik in this context.

Compliance with national and international law is, naturally, of high priority for us. Guidance on how to ensure compliant conduct can be found in our corporate guidelines but also in Jenoptik’s Code of Conduct which summarizes the most important principles applicable in terms of conduct. This code sets minimum standards and provides guidance on ethical and legal issues that come up during day-to-day work, thus creating transparency and offering a roadmap in case of any conflict situation.

To ensure a uniform understanding of compliance standards throughout our group, we have established a compliance management system which is closely related to our risk management system. Both systems combine comprehensive provisions made by us in order to guarantee that our business activities are in accordance with applicable law at all times.

To this effect, we train our employees on compliance issues, and also perform, for example, screenings of our business partners whenever needed ("Third Party Due Diligence"). In addition to this, we have set up an internal control system designed to impart knowledge to our employees about the framework conditions required when making their day-to-day business decisions. 

Risk and opportunity management

For Jenoptik, the responsible evaluation of risks and opportunities within the corporate environment is one of the principles of responsible corporate governance. To be able to ensure implementation of the strategy, it is necessary to identify risks and opportunities at an early stage, to evaluate them appropriately and control them efficiently. This is done by promoting an open risk culture and regularly examining the established risk management system. 

Code of Conduct for Suppliers

Jenoptik expects a strong sense of responsibility and integrity from its suppliers.

For this reason, we require all our suppliers to endorse the “Code of Conduct for Jenoptik Suppliers” by default, which obliges them to comply with legal and ethical standards.

Anti-Corruption

Jenoptik does not tolerate any form of active and passive corruption.

Training and guidelines on specific topics aim to ensure sufficient awareness and legal compliance with these issues within the company.

Human rights

Upholding human rights is one of Jenoptik’s key priorities both in its operating business as well as in the supply chain. In the “Slavery and Human Trafficking Statement for the Jenoptik Group”, Jenoptik expresses its commitment to international standards of human rights and that it does not tolerate any form of slavery, servitude, forced or compulsory labor, human trafficking or exploitation in its own business operations or those of its supply chain.

Risk & Compliance Management 

In case of compliance violations please do not hesitate to confidingly contact the Risk & Compliance Management department